Current Investigations
Herman Jones LLP is currently investigating the following matters.
For more information,
please click on one of the press releases below.
Herman Jones LLP Announces Investigation for Investors in FirstEnergy Corp.
Herman Jones LLP is investigating claims for investors who may have been harmed by FirstEnergy’s possible false or misleading statements in its proxy statements. A lawsuit was filed in federal court against FirstEnergy for violations of the Securities Act of 1934 in relation to proxy statements regarding FirstEnergy’s lobbying efforts. According to this Complaint, FirstEnergy improperly paid over $60 million to a politician’s nonprofit in exchange for him promoting legislation favorable to FirstEnergy...
Herman Jones LLP Announces Investigation into Intuit, TurboTax, Credit Karma, Mint and Mailchimp
Herman Jones LLP is investigating possible claims for customers of Intuit, Credit Karma, Mint and Mailchimp who may have been harmed by actions taken by these companies. The United States Federal Trade Commission (“FTC”) initiated an administrative action against Intuit over its TurboTax software, styled In the Matter of: Intuit Inc., Docket No. 9408. According to the FTC’s complaint, Intuit deceived consumers by calling its TurboTax tax return filing software service “free” and then charging those consumers for the software’s use. In addition to providing the TurboTax product, Intuit is the parent company of Credit Karma, Mint and Mailchimp...
Herman Jones LLP Announces Investigation for Investors in Wells Fargo
Herman Jones LLP is investigating claims for investors who may have been harmed by Wells Fargo's possible wrongdoing in its hiring practices. A class action lawsuit was recently filed in federal court on behalf of purchasers of the securities of Wells Fargo & Co. for violations of the Securities Act of 1933. According to the Complaint, Wells Fargo & Co. engaged in fake job interviews, interviewing job applicants whom the bank deemed “diverse" for positions that already had been promised to other people...
Herman Jones LLP Announces Investigation for Investors in Switch, Inc.
Herman Jones LLP is investigating claims for investors who may have been harmed by Switch's possible false/misleading statements concerning a proposed merger. A lawsuit was recently filed in federal court against Switch for violations of the Securities Act of 1934 in relation to a proxy statement regarding the acquisition of all outstanding common shares of Switch for $34.25 per share by DigitalBridge Group, Inc., through DigitalBridge Partners II. According to this Complaint, Switch failed to make critical disclosures concerning, among other things, financial projections and data analysis material to the acquisition...
Herman Jones LLP Announces Investigation for Investors in Bumble Inc.
Herman Jones LLP is investigating claims for investors who may have been harmed by Bumble's possible failure to timely disclose its decline in paying users. A class action lawsuit was recently filed in federal court against Bumble for violations of the Securities Act of 1933 in relation to a secondary public stock offering on September 10, 2021. According to this Complaint, Bumble failed to disclose that the growth of its paying users of its two apps was tapering off dramatically, if not declining, prior to the stock offering...
Herman Jones LLP Announces Investigation for Investors in Twitter
Herman Jones LLP is investigating claims for investors who may have been harmed by Twitter's possibly overstating its real account users. Recently, a lawsuit was filed in the Chancery Court of Delaware against Twitter. A shareholder alleges, among other claims, that for years Twitter has overstated its number of real daily active users and has driven up its revenue by failing to identify its actual volume of fake accounts...